Disney's Animation Moat Stays as Wide as Ever [View article]
I'm not averse to hearing a DIS pitch, but let's be honest: the pitch for DIS can't be that digital animation gives DIS a moat against competition. jadedconsumer.blogspot...
Look at the new competitors, including Pixar, which so overtook the field DIS had to buy it to remain credible. Brother Bear? Please!
As I read your piece, I see you describing a trade thesis to $40-$50, not an investment thesis for the decades. You might have a trade, but I don't think you have an investment with a moat against competition.
Disney's Animation Moat Stays as Wide as Ever [View article]
jadedconsumer.blogspot...
Look at the new competitors, including Pixar, which so overtook the field DIS had to buy it to remain credible. Brother Bear? Please!
As I read your piece, I see you describing a trade thesis to $40-$50, not an investment thesis for the decades. You might have a trade, but I don't think you have an investment with a moat against competition.